INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of October 5, 2020 No. 5585-U

About modification of the Instruction of the Bank of Russia of September 17, 2009 No. 2293-U "About procedure for response at credit institution of the license for banking operations in case of establishment of essential unauthenticity of reporting data"

Based on part thirteen of article 74 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, No. 28, Art. 2790; 2020, No. 30, Art. 4738).

1. Bring in the Instruction of the Bank of Russia of September 17, 2009 No. 2293-U "About procedure for response at credit institution of the license for banking operations in case of establishment of essential unauthenticity of reporting data", registered by the Ministry of Justice of the Russian Federation on October 27, 2009 No. 15134, the following changes.

1.1. In Item 1:

state subitem 1.1 in the following edition:

"1.1. contains data on reserves on possible losses according to loans, the loan and equated to it debt and (or) other losses (further - reserves) in other size, than it is established by the Bank of Russia according to article 72 of the Federal law "About the Central Bank Russian Federation (Bank of Russia)", the Provision of the Bank of Russia of June 28, 2017 No. 590-P "About procedure for forming by credit institutions of reserves on possible losses according to loans, the loan and equated to it debt", the registered Ministry of Justice of the Russian Federation on July 12, 2017 No. 47384, on October 3, 2018 No. 52308, on December 19, 2018 No. 53053, on January 23, 2019 No. 53505, on September 12, 2019 No. 55910, on November 27, 2019 No. 56646, and (or) the Provision of the Bank of Russia of October 23, 2017 No. 611-P "About procedure for forming by credit institutions of reserves on possible losses", the registered Ministry of Justice of the Russian Federation on March 15, 2018 No. 50381, on December 19, 2018 No. 53054, on September 12, 2019 No. 55911, on March 31, 2020 No. 57915, on May 28, 2020 No. 58498, if reflection by credit institution in the reporting of reserves in the amount of, established by the Bank of Russia, specifies violation of obligatory standard rates and (or) emergence of the bases for implementation of measures for the prevention of insolvency (bankruptcy) and (or) revocation of license on banking operations (except as specified when the size of reserves which is actually created by credit institution exceeds the size established by the Bank of Russia);";

state subitem 1.7 in the following edition:

"1.7. keeps data on revaluation of assets by credit institution in other order, than it is established by the Bank of Russia according to the Provision of the Bank of Russia of July 4, 2018 No. 646-P "About technique of determination of own means (capital) of credit institutions ("Basel III")", the registered Ministry of Justice of the Russian Federation on September 10, 2018 No. 52122, on December 19, 2018 No. 53064, on September 30, 2019 No. 56084, on July 30, 2020 No. 59121, if reflection by credit institution in the reporting of revaluation according to the procedure, established by the Bank of Russia, specifies violation of obligatory standard rates and (or) emergence of the bases for implementation of measures for the prevention of insolvency (bankruptcy) and (or) revocation of license on banking operations;".

1.2. In Item 2:

word in paragraph six" (territorial office of the Bank of Russia)" to exclude;

word in paragraph seven "with article 50.4 of the Federal Law of February 25, 1999 No. 40-FZ "About insolvency (bankruptcy) of credit institutions" (The Russian Federation Code, 1999, No. 9, Art. 1097; 2001, No. 26, Art. 2590; 2002, No. 12, Art. 1093; 2004, No. 31, Art. 3220; No. 34, Art. 3536; 2006, No. 52, Art. 5497; 2007, No. 1, Art. 10; No. 49, Art. 6064; 2008, No. 30, Art. 3616; No. 52, Art. 6225; 2009, No. 18, Art. 2153; No. 29, of the Art. 3632) "shall be replaced with words" with Item 7 of article 189.61 of the Federal Law of October 26, 2002 No. 127-FZ "About insolvency (bankruptcy)" (The Russian Federation Code, 2002, No. 43, Art. 4190; 2020, No. 31, Art. 5048)".

2. This Instruction becomes effective after 10 days after day of its official publication.

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